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The report of the treasurer, which is also presented herewith, shows the manner in which the funds of the library are invested, and also the receipts and expenditures for the last year. The cash on hand on the 1st of January, 1872, and the income of the library since that date, amount to $16,094.72, which is accounted for as fol lows:
Expenditures for books and binding..
Contingent expenses, fuel and insurance.
Taxes and assessments.
Cash on hand on the first day of Jan., 1873,.
On the eighth day of May last the present superintendent, the assistant librarians and the other persons employed of the institution were reappointed to the same offices for the ensuing year.
The trustees regret to announce that the Hon. J. ROMEYN BRODHEAD has been compelled by ill health to resign his place as a trustee They have appointed DANIEL D. LORD, Esq., of New York, to fill the vacancy occasioned by the resignation of Mr. BRODHEAD.
WILLIAM B. ASTOR,
SAMUEL B. RUGGLES, Secretary.
ASTOR LIBRARY, January 9th, 1873.
Increase, by surplus of income to 31st December,
$257,631 85 191,748 05 210,000 00
On the 15th of January last, a sale of the lots on Nineteenth street, derived under foreclosure of Lorenzo Moses' bond and mortgage, was made to William E. Keys for $6,500, secured by his bond for five years at seven per cent per annum interest, and mortgage on his house and lot No. 320 West Twentieth street. The profit on the transaction amounts to $1,348.77.
During the year the bonds of Lewis Lewis for $5,000, and of George and Edward Curtis for $4,500, have been paid and the amounts reinvested in the bons and mortgages of Eugene McGrath, $5,000 on two and two-fifth lots on Madison avenue, corner of One Hundred and Eighteenth street; Mary A. Stafford $4,500 on house and lot on Fifty-ninth street, between Eleventh and Twelfth avenues, both for three years at seven per cent per annum.
The amount of income received during the year, is.... $15,294 72
Cash on hand 31st December, 1871, is included in the
For equipment, additional shelving, counters, tables and chairs...
For taxes and assessments on lots on Nineteenth street,
accrued before purchase..
Balance of cash on hand, less income of 1873 received
For overdraft 31st December, 1871...
The income for the year 1873 is estimated as follows: On $202,500 bonds and mortgages, at seven per cent.. On $15,000 United States bonds..
Premium on gold, ten per cent.
$14,175 00 900 00
To the Board of Trustees:
ASTOR LIBRARY, January 1, 1873.
The superintendent respectfully submits the following report for the year ending December 31, 1872:
On January 1, 1872, there were in the Astor Library.. 141,803 vols. From Jan. 1 to Dec. 31, 1872, were added:
Total number of books in the Astor Library 1st January, 1873...
By the above additions the following departments have been benefited with the respective volumes:
(a.) IN THE DEPARTMENT OF SCIENCE AND ART.
(6.) IN THE DEPARTMENT OF HISTORY AND LITERATure.
Mythology, Inscriptions, Numismatics, Univer
sal and Ancient History.
55 vols. 174 66.
The donations to the Astor Library have been, as will be seen from the accompanying list (A), large and valuable. Among these the rare gift of William Waldorf Astor, Esq., deserves particular attention, who presented to the Astor Library a copy of the first letter of Columbus on his discovery of America, printed by Planck